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NENT gives up idea of US listing, moves ahead with SEK 3.5 bln share issue for expansion

Tuesday 15 December 2020 | 13:15 CET | News
Nordic Entertainment Group (NENT) said it has given up the idea of a secondary listing in the US but is still going ahead with its plan to raise more than SEK 3.5 billion in equity to fund its international expansion. It will hold an Extraordinary General Meeting (EGM) on 25 January to vote on the issue of new Class B shares representing up to 20 percent of total shares, without applying shareholders' pre-emptive rights.

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Categories: Broadcast & Satellite / Internet
Companies: Nordic Entertainment
Countries: Europe / Sweden
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